THE MOORINGS, BRIMBELOW ROAD, HOVETON, NORWICH, NR12 8UJ - £265,000

THE MOORINGS is a very small extended detached house of 72m², built sometime from 2007 onwards. It was last sold for £265,000 in December 2020, which was around 31% below the average December 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

THE MOORINGS Sold Prices

Land registry data shows five sales for THE MOORINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five THE MOORINGS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 1 DEC	£265,000	£382,434	31% below HPI
2013 22 MAY	£230,000	£244,387	6% below HPI
2011 13 JUN	£180,000	£238,485	25% below HPI
2009 13 NOV	£175,000	£236,209	26% below HPI
2006 11 AUG	£130,000	£230,390	44% below HPI

THE MOORINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five THE MOORINGS sales between August 2006 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE MOORINGS?

THE MOORINGS is 72m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where THE MOORINGS lies on this distribution: 8% of detached houses are smaller than THE MOORINGS, and 91% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

THE MOORINGS: Plot and Title Map

THE MOORINGS sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of THE MOORINGS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE MOORINGS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE MOORINGS?

THE MOORINGS is located on BRIMBELOW ROAD in HOVETON, in the NR12 postcode district. The below map shows the position of THE MOORINGS on BRIMBELOW ROAD.